Safra Catz, who was co-president and CFO of Oracle until Thursday, has just been promoted to co-CEO — alongside Mark Hurd — after its founder and longtime CEO Larry Ellison announced he’s stepping down to the Executive Chairman position. Oracle said in a statement that Catz will be responsible for all manufacturing, finance, and legal decisions, while Hurd will be in charge of sales, service ...

LONDON (Reuters) - Plans for a major rewriting of international tax rules unveiled on Tuesday could eliminate structures that have allowed companies like Google Inc and Amazon.com Inc to shave billions of dollars off their tax bills...

(Reuters) - Allergan Inc and its suitors Pershing Square Capital Management and Valeant Pharmaceuticals Inc settled their pending litigation before the Delaware Court of Chancery and agreed to hold a special shareholder meeting on the originally scheduled date, Dec. 18...

SANTANDER Spain (Reuters) - Ana Botin, the new chairwoman of Santander , told shareholders on Monday she would defend the legacy of her father at the helm of the euro zone's biggest bank and her priorities include maintaining its generous dividend policy.

Appointed last week after the sudden death of her father, Emilio, Botin also said she would push ahead with the international diversification of the lender.

MILAN (Reuters) - Luca Cordero di Montezemolo will step down as chairman of Ferrari as of Oct. 13 and will be replaced by Sergio Marchionne, who also serves as the chief executive of parent group Fiat...

HOUSTON (Reuters) - In June 2013, activist investors got the board of SandRidge Energy Inc to fire its CEO Tom Ward, arguing that he had mismanaged the Oklahoma City company and destroyed billions in shareholder value...

NEW YORK (Reuters) - General Motors Co has won dismissal of a shareholder lawsuit accusing it of padding sales around the time of its November 2010 initial public offering by quietly unloading vehicle inventory on its dealers.

"That GM did not characterize this increase in inventory as 'channel stuffing' or accuse ...

HP has produced an email in court that it believes shows executives at Autonomy, a British software company, knew they were representing their revenues fraudulently when HP acquired their business for $11 billion...

RIMINI Italy (Reuters) - The fact that most Fiat shareholders chose not to exercise an option that could derail a merger with its U.S. unit Chrysler is a "huge step ahead" for the car maker, Fiat and Chrysler Sergio Marchionne said on Saturday...

(Reuters) - Valeant Pharmaceuticals International Inc and Pershing Square Capital Management will submit a request on Friday to Allergan Inc for a special shareholders meeting, sources told CNBC television.

Allergan's corporate bylaws require Valeant and Pershing Square to have more than 25 percent of shareholders' votes in favor of holding the meeting. They have support from more than 30 percent, CNBC reported, citing the sources.

(Reuters) - A federal judge in California on Thursday denied a request by Allergan Inc to expedite its civil suit claiming that Valeant Pharmaceuticals International Inc and Pershing Square Capital Management engaged in insider trading ahead of their bid to buy Allergan...

(Reuters) - Home Depot Inc named Craig Menear its chief executive, replacing Frank Blake, who will stay on as chairman. The appointment of Menear, a retail industry veteran and president of Home Depot's U.S. retail business, is effective Nov. 1, the company said in a statement.

(Reuters) - Pershing Square Capital Management LP, the hedge fund firm run by William Ackman, on Thursday sued the U.S. government, claiming that its stripping of profits from Fannie Mae and Freddie Mac unconstitutionally short changes investors in the companies' common stock...

NEW YORK (Reuters) - A federal judge narrowed but refused to dismiss lawsuits by former Elan Corp and Wyeth shareholders seeking to recoup losses from billionaire investor Steven A. Cohen and his firm SAC Capital Advisors LP over insider trading in the drugmakers' stocks...

I have been to thousands of board meetings. Maybe tens of thousands. I've done them in person, on the phone, and on video conference. Most of the time I think I'm additive to the mix. Yesterday I had a board meeting (where I was remote on video) where on ...

LONDON (Reuters) - Win Bischoff, chairman of Britain's accounting watchdog the Financial Reporting Council, will also become chairman of JPMorgan Chase's European arm from January, the investment bank said on Tuesday.

His appointment to JPMorgan comes at a time when British lawmakers are keen for the FRC to scrutinize the accounts of banks more closely.

ConAgra Foods Inc's long-time chief executive, Gary Rodkin, is expected to retire in the next several months, according to two people familiar with the matter, paving the way for a successor who investors hope can turn around the ailing packaged foods company...

Time Warner Inc will not have to worry about any overtures from Twenty-First Century Fox for the foreseeable future. "As you know, yesterday, we walked away. This is our resolute decision," Fox Chairman and Chief Executive Officer Rupert Murdoch said in a rare appearance on the company's conference call late Wednesday...